Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 100 movers: Software stocks lose ground; M&S rallies

(Sharecast News) - London's FTSE 100 was down 0.4% at 10,658.84 in afternoon trade on Tuesday. Software stocks - which benefited on Monday from a slump in AI-related shares - were under the cosh. Relx, LSEG, Informa, Experian and The Sage Group all fell.

On the upside, Marks & Spencer was the top performer on the index as data from Worldpanel by Numerator showed that grocery sales at the food, clothing and homeware retailer jumped 14.8% on the year in the 12 weeks to 6 September.

B&Q owner Kingfisher followed close behind, while NatWest gained as JPMorgan lifted its price target on the bank to 830p from 790p. JPM maintained its 'overweight' rating on NatWest.

FTSE 100 - Risers

Marks & Spencer Group (MKS) 381.90p 3.34% Kingfisher (KGF) 296.60p 2.77% NATWEST GROUP (NWG) 698.60p 2.52% Persimmon (PSN) 1,108.50p 2.44% Airtel Africa (AAF) 351.40p 2.15% Babcock International Group (BAB) 980.60p 2.14% Spirax Group (SPX) 6,850.00p 2.01% British Land Company (BLND) 396.20p 2.01% Legal & General Group (LGEN) 295.50p 1.90% Admiral Group (ADM) 3,902.00p 1.77%

FTSE 100 - Fallers

Relx plc (REL) 2,506.00p -3.57% London Stock Exchange Group (LSEG) 8,276.00p -2.72% Informa (INF) 884.60p -2.08% IG Group Holdings (IGG) 1,318.00p -2.01% Experian (EXPN) 2,801.00p -1.99% Glencore (GLEN) 580.60p -1.88% Abrdn (ABDN) 242.60p -1.70% 3i Group (III) 2,594.00p -1.59% The Sage Group (SGE) 993.20p -1.54% Diageo (DGE) 1,619.00p -1.43%

Share this article

Related Sharecast Articles

FTSE 250 movers: Housebuilders, construction socks surge
(Sharecast News) - FTSE 250 (MCX) 24,065.47 1.04%
FTSE 250 movers: Trustpilot slumps; Wickes surges
(Sharecast News) - FTSE 250 (MCX) 23,833.28 -0.01%
FTSE 250 movers: GlobalData slumps on profit warning
(Sharecast News) - FTSE 250 (MCX) 23,879.33 -0.40%

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.